Asia markets largely set to fall as oil and Treasury yields climb

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Asia markets largely set to fall as oil and Treasury yields climb
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Oil popped over 3% to hit its highest level since August 2022, while the 10-year Treasury yield reached levels not seen since 2007

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Asia-Pacific markets are largely set to fall after notching some gains on Wednesday as an uptick in Treasury yields and oil prices dented investor sentiment on Wall Street. hit its highest levels since 2007 and U.S. crude futures popped more than 3% to settle at $93.68 per barrel.is set for a weaker open, with the futures contract in Chicago at 32,125 and its counterpart in Osaka at 32,070 against the index's last close of 32,371.9.stood at 17,582, also pointing to a weaker open compared with the HSI's close of 17,611.87.

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